Tamas Kadar

Tamas Kadar
Written By:
Disha Parikh
Reviewed By:
Aishwarya Avsk
Published on
Updated on

Tamas Kadar, the Co-Founder and CEO of SEON, has been able to turn the experience of multiple fraud attacks on his cryptocurrency business into the establishment of a pioneering AI-driven platform for preventing fraud. Since launching SEON in 2017, he has overseen the company business while it develops its platform that can protect companies from fraud, verify identities, and analyze their digital footprints.

Early Life and Education 

In 2017, Tamas Kadar co-founded SEON and has acted as the CEO of SEON ever since. Through his guidance and experience, SEON has gone from being a startup to becoming an AI-enabled anti-fraud platform that has assisted more than 5,000 companies in protecting themselves against digital fraud using artificial intelligence and machine learning. His contributions towards SEON include leading product innovation at SEON, global expansion of SEON in EMEA, the Americas, and APAC regions, and raising over $107 million in funds for the growth and technology development of SEON. From 2021 onwards, Tamas has become a member of the Forbes Technology Council, an exclusive community of top-tier technology professionals.

Professional Career 

Tamas Kadar is the co-founder of SEON, where he has been working as the CEO ever since SEON was established in 2017. Working with very few resources but having an objective in mind, he co-developed SEON. Now, SEON is an internationally recognized company providing security to over 5,000 firms. His experience includes the development of products, fintech strategy, and internationalization of AI-Powered Fraud Prevention.

Business Intervention in AI

SEON changes the way digital fraud can be prevented with the use of artificial intelligence, machine learning, and real-time risk intelligence. AI products offered by SEON enable organizations to combat fraud, make automated decisions, and ensure a safe digital experience.

AI-Powered Fraud Detection: The company utilizes AI to detect any suspicious behaviors, transactions, and digital signals in real time. SEON's AI models find complicated fraud patterns without increasing false positives.

AI Identity Verification: SEON uses AI to verify the identity of the users by analyzing their documents, performing biometric verification, and using fraud intelligence. The platform enriches the process of every identity verification with the help of device, behavioral, and digital footprint signals.

Digital Footprint Intelligence: Through SEON’s application of artificial intelligence technology, emails, phone numbers, IP addresses, and footprints in the online space can be analyzed by businesses to help prevent fraud even before know-your-customer (KYC) screening processes take place.

AI Decisioning & Risk Intelligence: SEON employs the use of AI-based decision-making to convert thousands of fraud signals into risk insights that can be easily explained. The software makes use of automation of fraud decisions by employing first-party data signals.

Real-Time Fraud Prevention: SEON combines AI, behavioral intelligence, device intelligence, and adaptive scoring to prevent account takeover, payment, and synthetic identity fraud. It provides real-time fraud detection and automated decision-making.

Business Achievements 

From an initial team of two people, SEON is now a leading provider of fraud prevention and AML compliance services that counts over 5,000 companies like Revolut, Patreon, and Mollie among its clients. Some of the notable events in the development of the company include raising an $80 million Series C financing round with the support of the Sixth Street company; operating offices on Americas, EMEA and Asia-Pacific; earning Deloitte Technology Fast 50 award for several years in a row; and enabling its clients to stop over $300 billion in fraud.

Controversies

Tamas Kadar has never been involved in any major public controversies. Through his career, he has gained public recognition through the founding and chief executive of SEON, an organization that develops AI-powered fraud prevention technologies, and as a digital risk intelligence and financial crime prevention organization.

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